The Open Method of Coordination (OMC) as an Evolutionary Learning Process

Arbeitspapier

We interpret the Open Method of Coordination (OMC), recently adopted by the EU as a mode of governance in the area of social policy and other fields, as an imitative learning dynamics of the type considered in evolutionary game theory. The best-practise feature and the iterative design of the OMC correspond to the behavioral rule "imitate the best." In a redistribution game with utilitarian governments and mobile welfare beneficiaries, we compare the outcomes of imitative behavior (long-run evolutionary equilibrium), decentralized best-response behavior (Nash equilibrium), and coordinated policies. The main result is that the OMC allows policy coordination on a strict subset of the set of Nash equilibria, favoring in particular coordination on intermediate values of the policy instrument.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Munich Discussion Paper ; No. 2009-18

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Intergovernmental Relations; Federalism; Secession ; State and Local Government: Health; Education; Welfare; Public Pensions ; Stochastic and Dynamic Games; Evolutionary Games; Repeated Games ; Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
• Thema: Open Method of Coordination ; Finite-population Evolutionarily Stable Strategy ; Imitation ; Mobility ; Redistribution. ; EU-Politik ; Internationale Wirtschaftspolitik ; Evolutionäre Spieltheorie ; Theorie ; EU-Staaten

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ania, Ana B. ; Wagener, Andreas
• Ereignis: Veröffentlichung
• (wer): Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät
• (wo): München
• (wann): 2009

Weitere Informationen

• DOI: doi:10.5282/ubm/epub.11109
• Handle: http://hdl.handle.net/10419/104282
• URN: urn:nbn:de:bvb:19-epub-11109-8
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ